High Co. SA (HCO) - Net Assets
Based on the latest financial reports, High Co. SA (HCO) has net assets worth €92.86 Million EUR (≈ $108.57 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€186.05 Million ≈ $217.51 Million USD) and total liabilities (€93.19 Million ≈ $108.94 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HCO financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €92.86 Million |
| % of Total Assets | 49.91% |
| Annual Growth Rate | 3.26% |
| 5-Year Change | -0.78% |
| 10-Year Change | 27.3% |
| Growth Volatility | 8.14 |
High Co. SA - Net Assets Trend (2004–2024)
This chart illustrates how High Co. SA's net assets have evolved over time, based on quarterly financial data. Also explore High Co. SA assets under control for the complete picture of this company's asset base.
Annual Net Assets for High Co. SA (2004–2024)
The table below shows the annual net assets of High Co. SA from 2004 to 2024. For live valuation and market cap data, see how much is High Co. SA worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €94.90 Million ≈ $110.95 Million |
+3.32% |
| 2023-12-31 | €91.85 Million ≈ $107.38 Million |
+0.63% |
| 2022-12-31 | €91.27 Million ≈ $106.71 Million |
-7.77% |
| 2021-12-31 | €98.96 Million ≈ $115.70 Million |
+3.46% |
| 2020-12-31 | €95.65 Million ≈ $111.83 Million |
+4.28% |
| 2019-12-31 | €91.72 Million ≈ $107.24 Million |
+4.55% |
| 2018-12-31 | €87.73 Million ≈ $102.57 Million |
+6.63% |
| 2017-12-31 | €82.27 Million ≈ $96.19 Million |
+12.08% |
| 2016-12-31 | €73.41 Million ≈ $85.82 Million |
-1.53% |
| 2015-12-31 | €74.55 Million ≈ $87.16 Million |
+7.81% |
| 2014-12-31 | €69.15 Million ≈ $80.84 Million |
+0.73% |
| 2013-12-31 | €68.65 Million ≈ $80.26 Million |
-16.83% |
| 2012-12-31 | €82.54 Million ≈ $96.49 Million |
+5.12% |
| 2011-12-31 | €78.52 Million ≈ $91.80 Million |
+5.28% |
| 2010-12-31 | €74.58 Million ≈ $87.19 Million |
+6.23% |
| 2009-12-31 | €70.20 Million ≈ $82.08 Million |
+8.41% |
| 2008-12-31 | €64.76 Million ≈ $75.71 Million |
-0.23% |
| 2007-12-31 | €64.91 Million ≈ $75.89 Million |
+19.87% |
| 2006-12-31 | €54.16 Million ≈ $63.31 Million |
+17.49% |
| 2005-12-31 | €46.09 Million ≈ $53.89 Million |
-7.69% |
| 2004-12-31 | €49.93 Million ≈ $58.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to High Co. SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4184589000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.46 Million | 8.02% |
| Common Stock | €10.23 Million | 10.99% |
| Other Comprehensive Income | €53.62 Million | 57.64% |
| Other Components | €21.71 Million | 23.34% |
| Total Equity | €93.03 Million | 100.00% |
High Co. SA Competitors by Market Cap
The table below lists competitors of High Co. SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Business News Co. Ltd
KQ:039340
|
$72.70 Million |
|
Bookook Securities Co Ltd
KO:001275
|
$72.71 Million |
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$72.71 Million |
|
Vivid Seats Inc
NASDAQ:SEAT
|
$72.72 Million |
|
PannErgy Nyrt.
F:PPL
|
$72.65 Million |
|
Invictus Energy Ltd
AU:IVZ
|
$72.61 Million |
|
Eureka Acquisition Corp Unit
NASDAQ:EURKU
|
$72.60 Million |
|
MedFirst Healthcare Services lnc
TWO:4175
|
$72.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in High Co. SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,862,000 to 93,027,000, a change of 3,165,000 (3.5%).
- Net income of 7,463,000 contributed positively to equity growth.
- Dividend payments of 5,547,000 reduced retained earnings.
- Share repurchases of 338,000 reduced equity.
- Other comprehensive income increased equity by 6,820,000.
- Other factors decreased equity by 5,233,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.46 Million | +8.02% |
| Dividends Paid | €5.55 Million | -5.96% |
| Share Repurchases | €338.00K | -0.36% |
| Other Comprehensive Income | €6.82 Million | +7.33% |
| Other Changes | €-5.23 Million | -5.63% |
| Total Change | €- | 3.52% |
Book Value vs Market Value Analysis
This analysis compares High Co. SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.50x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €2.42 | €3.63 | x |
| 2005-12-31 | €2.08 | €3.63 | x |
| 2006-12-31 | €2.44 | €3.63 | x |
| 2007-12-31 | €2.90 | €3.63 | x |
| 2008-12-31 | €3.00 | €3.63 | x |
| 2009-12-31 | €3.23 | €3.63 | x |
| 2010-12-31 | €3.57 | €3.63 | x |
| 2011-12-31 | €3.79 | €3.63 | x |
| 2012-12-31 | €4.04 | €3.63 | x |
| 2013-12-31 | €3.42 | €3.63 | x |
| 2014-12-31 | €3.47 | €3.63 | x |
| 2015-12-31 | €3.59 | €3.63 | x |
| 2016-12-31 | €3.52 | €3.63 | x |
| 2017-12-31 | €3.79 | €3.63 | x |
| 2018-12-31 | €4.04 | €3.63 | x |
| 2019-12-31 | €4.26 | €3.63 | x |
| 2020-12-31 | €4.44 | €3.63 | x |
| 2021-12-31 | €4.67 | €3.63 | x |
| 2022-12-31 | €4.39 | €3.63 | x |
| 2023-12-31 | €4.50 | €3.63 | x |
| 2024-12-31 | €4.73 | €3.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently High Co. SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.10%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.22x
- Recent ROE (8.02%) is above the historical average (3.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -68.89% | -30.44% | 0.65x | 3.51x | €-39.37 Million |
| 2005 | -8.74% | -3.31% | 0.80x | 3.30x | €-8.63 Million |
| 2006 | 14.70% | 6.24% | 0.72x | 3.26x | €2.54 Million |
| 2007 | 16.26% | 7.95% | 0.72x | 2.85x | €4.06 Million |
| 2008 | 6.99% | 3.08% | 0.79x | 2.87x | €-1.94 Million |
| 2009 | 9.00% | 4.70% | 0.84x | 2.28x | €-696.80K |
| 2010 | 10.87% | 5.72% | 0.77x | 2.47x | €649.10K |
| 2011 | 7.37% | 4.20% | 0.62x | 2.85x | €-2.05 Million |
| 2012 | 7.30% | 4.54% | 0.63x | 2.57x | €-2.22 Million |
| 2013 | -10.21% | -5.27% | 0.70x | 2.78x | €-13.88 Million |
| 2014 | 3.51% | 1.87% | 0.63x | 3.00x | €-4.49 Million |
| 2015 | 9.09% | 4.38% | 0.77x | 2.71x | €-677.60K |
| 2016 | 1.39% | 0.65% | 0.78x | 2.73x | €-6.31 Million |
| 2017 | 9.00% | 4.77% | 0.69x | 2.75x | €-794.40K |
| 2018 | 10.19% | 4.97% | 0.76x | 2.69x | €162.70K |
| 2019 | 10.42% | 5.30% | 0.72x | 2.71x | €373.90K |
| 2020 | 4.64% | 3.13% | 0.52x | 2.86x | €-4.93 Million |
| 2021 | 11.59% | 8.14% | 0.63x | 2.26x | €1.53 Million |
| 2022 | 2.01% | 1.24% | 0.67x | 2.41x | €-7.12 Million |
| 2023 | 12.37% | 7.64% | 0.71x | 2.27x | €2.13 Million |
| 2024 | 8.02% | 5.10% | 0.71x | 2.22x | €-1.84 Million |
Industry Comparison
This section compares High Co. SA's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $11,522,645
- Average return on equity (ROE) among peers: 6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| High Co. SA (HCO) | €92.86 Million | -68.89% | 1.00x | $72.69 Million |
| Acheter Louer (ALALO) | $9.76 Million | 1.40% | 0.17x | $33.73K |
| Obiz Concept SAS (ALBIZ) | $14.82 Million | 0.85% | 2.28x | $13.28 Million |
| Bilendi (ALBLD) | $20.78 Million | 13.00% | 0.39x | $60.49 Million |
| Invibes Advertising NV (ALINV) | $655.00K | -6.11% | 2.20x | $4.13 Million |
| ISPD Network S.A. (ALISP) | $1.46 Million | 53.65% | 2.13x | $29.94 Million |
| Klarsen SA (ALKLA) | $1.49 Million | -3.01% | 3.71x | $2.31 Million |
| Netmedia Group S.A. (ALNMG) | $9.04 Million | -3.76% | 0.72x | $2.56 Million |
| Nextedia (ALNXT) | $28.21 Million | 1.12% | 0.54x | $13.95 Million |
| Prismaflex Intl (ALPRI) | $14.20 Million | 0.00% | 1.71x | $9.56 Million |
| Qwamplify SA (ALQWA) | $14.80 Million | 11.56% | 1.90x | $9.55 Million |
About High Co. SA
High Co. SA provides consumer engagement chain solutions in France, Belgium, and Spain. The company offers brand platform, communication strategy, social media engagement, and media strategy services; and service design services, SMS and push notifications, mobile apps and websites, and loyalty programs. It also provides data collection and analysis, targeting and personalization drivers, predict… Read more